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38-Year Leasehold Motel in the Heart of Merimbula | Resort Brokers ID : LH008983
$1,900,000
Motel (Leasehold) hospitality, MERIMBULA NSW
The Merimbula Sapphire Motel presents a rare leasehold opportunity in the heart of one of NSW's premier coastal destinations. This well-maintained 30-room property benefits from consistent year-round demand driven by Merimbula's thriving tourism sector and proximity to the airport, which services regular flights to Melbourne and Sydney. Currently operated under management, the business offers immediate upside potential for an owner-operator to enhance profitability whilst reducing operational expenses through direct involvement.
With an exceptional 38 years remaining on the lease (a five-year term from December 2023, plus seven additional five-year options), this investment offers outstanding security and long-term growth potential. Recent capital improvements, including 30kW solar panels, upgraded air-conditioning, new laundry facilities, and modern hot water systems, ensure operational efficiency and reduced running costs. The property's unique advantage lies in its fully equipped commercial kitchen and restaurant space, currently closed but ready to reopen as a full-service operation or sublease with landlord approval, creating an additional revenue stream whilst enhancing guest experience. For operators seeking a solid, well-located business with proven demand and genuine value-add opportunities, contact ResortBrokers today to arrange a confidential inspection.
- Well-maintained 30-room property with recent energy-efficient upgrades including 30KW solar panels
- Currently oeprated under management, offering an immediate opportunity to boost profitability and reduce expenses through owner-operation
- Offering 38 years remaining on the lease, this investment delivers exceptional secuirty and long-term opportunity
- Opportunity for restaurant to be converted into full operation or subleased wtih landlord approval, creating additional revenue stream
- Prime position in the heart of town, a popular tourist destination renowned for its strong and consistent year-round demand
- Minutes from Merimbula Airport with regular flights to Melbourne and Sydney
- Inspections are strictly by appointment only
Date updated: 23 Nov 2025 22:00:04
More Information
- Total Purchase Price: $1,900,000
- Net Income: $ 560,466
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?